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Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.

This Fund
S&P 500
This Quarter Est. Return
+6.38%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$201B
AUM Growth
+$10.3B
Cap. Flow
+$718M
Cap. Flow %
0.36%
Top 10 Hldgs %
14.3%
Holding
2,329
New
47
Increased
880
Reduced
556
Closed
99

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$1.65B
2
SYF icon
Synchrony
SYF
+$318M
3
HPE icon
Hewlett Packard
HPE
+$245M
4
AMZN icon
Amazon
AMZN
+$195M
5
PFE icon
Pfizer
PFE
+$128M

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$1.54B
2
MA icon
Mastercard
MA
+$393M
3
CB icon
Chubb
CB
+$261M
4
ORCL icon
Oracle
ORCL
+$257M
5
HPQ icon
HP
HPQ
+$250M

Sector Composition

Rank Sector Weight
1 Financials 19.23%
2 Healthcare 14.67%
3 Technology 13.68%
4 Consumer Discretionary 9.87%
5 Communication Services 9.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
DRYS
2201
DELISTED
DryShips Inc. Common Stock
DRYS
0
GSS
2202
DELISTED
Golden Star Resources Ltd.
GSS
$297K ﹤0.01%
350,752
-20,000
-5% -$20.6K
RLOC
2203
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
$239K ﹤0.01%
144,966
-56,825
-28% -$73.9K
PNNT
2204
Pennant Park Investment Corp
PNNT
$220M
$237K ﹤0.01%
38,361
VWTR
2205
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
$228K ﹤0.01%
22,071
FMI
2206
DELISTED
Foundation Medicine, Inc.
FMI
$225K ﹤0.01%
10,687
RNWK
2207
DELISTED
RealNetworks Inc
RNWK
$221K ﹤0.01%
51,946
-27,400
-35% -$114K
ASCMA
2208
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
$208K ﹤0.01%
12,441
-31,900
-72% -$685K
CENTA icon
2209
Central Garden & Pet Co Class A
CENTA
$2.43B
$196K ﹤0.01%
18,026
MIME
2210
DELISTED
Mimecast Limited
MIME
$192K ﹤0.01%
+20,000
New +$199K
SD
2211
DELISTED
SANDRIDGE ENERGY, INC.
SD
$172K ﹤0.01%
859,213
-2,193,444
-72% -$730K
TEAM icon
2212
Atlassian
TEAM
$26.5B
$150K ﹤0.01%
+5,000
New +$142K
PRO
2213
DELISTED
PROS Holdings
PRO
$146K ﹤0.01%
6,347
RKDA icon
2214
Arcadia Biosciences
RKDA
$1.42M
$142K ﹤0.01%
58
-5
-8% -$13K
TC
2215
DELISTED
Thompson Creek Metals Company Inc. Ordinary Shares (Canada)
TC
$128K ﹤0.01%
624,367
NVET
2216
DELISTED
Nexvet Biopharma plc Ordinary Shares
NVET
$120K ﹤0.01%
35,313
HNH
2217
DELISTED
Handy & Harman Holdings Ltd.
HNH
$112K ﹤0.01%
5,485
GOL
2218
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
$105K ﹤0.01%
91,912
MYOK
2219
DELISTED
MyoKardia, Inc. Common Stock
MYOK
$98K ﹤0.01%
+6,700
New +$81.9K
CCUR
2220
DELISTED
CCUR Holdings, Inc. Common Stock
CCUR
$97K ﹤0.01%
19,518
-68,721
-78% -$342K
LNTH icon
2221
Lantheus
LNTH
$6.51B
$89K ﹤0.01%
26,200
-19,500
-43% -$70.2K
LIOX
2222
DELISTED
Lionbridge Technologies
LIOX
$83K ﹤0.01%
16,981
-9,222
-35% -$48.1K
WVE icon
2223
Wave Life Sciences
WVE
$1.12B
$80K ﹤0.01%
+4,999
New +$78.4K
SSE
2224
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
$44K ﹤0.01%
41,657
-12,900
-24% -$15.8K
EMMS
2225
DELISTED
Emmis Communications Corp
EMMS
$5K ﹤0.01%
1,942

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Norges Bank's Q4 2015 Portfolio in Review

As of Q4 2015, Norges Bank held 2,329 positions worth $201B, up 5.4% from $191B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Norges Bank's Q4 2015 filing shows 47 new, 880 increased, 556 reduced and 99 closed positions. Its largest new stake was Alphabet (Google) Class A: 44,521,280 shares worth $1.73B. The largest sale was Alphabet (Google) Class C, an estimated $1.54B.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.

  • Norges Bank's largest Q4 2015 buy was Alphabet (Google) Class A: 44,521,280 shares worth $1.73B.
  • Norges Bank added most to Synchrony in Q4 2015, an estimated $318M increase.
  • Norges Bank's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.54B.
  • Norges Bank fully exited HUDSON CITY BANCORP INC in Q4 2015, selling an estimated $189M.
  • Norges Bank's ten largest holdings make up 14% of its $201B portfolio in Q4 2015.
  • Norges Bank opened 47 new positions and closed 99 in Q4 2015.
  • Norges Bank's portfolio value rose 5.4% quarter-over-quarter to $201B.

Based on Norges Bank's 13F filing for Q4 2015, filed 10 Feb 2016.